The Medical Equipment Maintenance Market will grow from USD 34.79 Billion in 2020 to USD 60.16 Billion by 2026, with a CAGR of 9.56% during the forecast period. Increase in the purchase of refurbished medical equipment, as hospitals and clinics can reduce the capital expenditure while still maintaining quality.
Medical equipment maintenance is the process of maintaining the equipment condition as well as preserving the equipment. Medical equipment need to get repaired regularly and upgraded according to the advanced technology. Preventive maintenance should be adopted for the safety of the patients and to avoid mishaps in the process.
Globally, the medical equipment maintenance market is playing an important role in the medical industry, and the factors contributing to the market growth are increasing awareness of the preventive maintenance of the medical equipment, funding in innovative mechanisms, and increase in the purchase of refurbished medical equipment. However, the initial cost and essential expenditure in the maintenance of the equipment is very high, thus causing the restrain in the market growth.
In the medical equipment maintenance market segmentation of device type, the imaging equipment device has acquired the largest share in the market due to the high requirement of the maintenance services incurred in the imaging equipment and high cost for the shifting of the device as well as the need of verification of the maximum active time of the equipment.
Based on service type, the preventive maintenance service has acquired the largest share in market growth. The preventive maintenance service is very much in demand in the medical repair market due to the benefits such as scheduled inspections to ensure safety and to avoid expensive repairs in the future.
Based on the service providers, the original equipment manufacturers are playing a prominent role in the medical equipment maintenance market growth due to the widespread of these manufacturers in the world and the presence of technical experts in the original equipment manufacturers.
Further, in end-users segmentation, the public organizations have the largest share in the medical equipment maintenance market due to the increasing public healthcare centers and nursing homes. These public healthcare centers require regular maintenance of the equipment because of the more frequent usage of the equipment.
The medical equipment maintenance market based on geography is divided into North America, Europe, Asia Pacific, and the RoW. North America has the largest share compared to all regions due to the advanced healthcare structure and an increase in the old geriatric population. The Asia Pacific region is also expected to support market growth due to the increased population in this region.
Globally, the medical equipment maintenance market is expanding, and the market has a major impact on the healthcare sector. The major factor driving this market growth is the increasing need for preventive maintenance in the healthcare sector to optimize industry operations. In addition, the major innovations in the service offerings in the medical equipment maintenance market are giving the opportunity for the market.
Moreover, the increasing awareness of the safety leads to maintenance of the equipment and government initiatives for the public welfare support the Medical Equipment Maintenance market growth. This report will help the market players to understand the key market trends, market dynamics, and end-user pain points. The qualitative and quantitative analysis enhances the user experience of the report.
Report Metric | Details |
Report Name | Global Medical Equipment Maintenance Market |
Base Year | 2020 |
Forecasted years | 2021-2026 |
Forecast units | USD |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
Geographic regions covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Frequently Asked Questions About This Report
Ans. The Medical Equipment Maintenance Market will grow from USD 34.79 Billion in 2020 to USD 60.16 Billion by 2026, with a CAGR of 9.56% during the forecast period.
Ans. Increasing awareness of the preventive maintenance of medical equipment in order to avoid expensive and time-consuming down time.
Ans. Some of the major companies are GE Healthcare, Koninklijke Philips N.V, Canon Inc, Siemens Healthineers, Aramark Services Inc, Fujifilm Holdings Corporation, Althea, Drägerwerk AG & Co, Olympus Corporation, Hitachi Medical Corporation.
TABLE 1. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 2. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR IMAGING EQUIPMENT, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 3. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR ADVANCED IMAGING MODALITIES, BY TYPE, 2020-2026 (USD BILLION)
TABLE 4. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR CT, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 5. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR MRI, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 6. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR OTHER ADVANCED MEDICAL IMAGING MODALITIES, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 7. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR PRIMARY IMAGING MODALITIES, BY TYPE, 2020-2026 (USD BILLION)
TABLE 8. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR DIGITAL X-RAY, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 9. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR ULTRASOUND, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 10. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR OTHER PRIMARY MEDICAL IMAGING MODALITIES, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 11. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR ELECTROMEDICAL EQUIPMENT, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 12. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR ENDOSCOPIC DEVICES, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 13. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR SURGICAL INSTRUMENTS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 14. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR OTHER MEDICAL EQUIPMENT, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 15. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 16. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR PREVENTIVE MAINTENANCE, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 17. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR CORRECTIVE MAINTENANCE, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 18. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR OPERATIONAL MAINTENANCE, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 19. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 20. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR ORIGINAL EQUIPMENT MANUFACTURERS, BY TYPE, 2020-2026 (USD BILLION)
TABLE 21. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR MULTI-VENDOR OEMS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 22. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR SINGLE-VENDOR OEMS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 23. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR INDEPENDENT SERVICE ORGANIZATIONS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 24. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR IN-HOUSE MAINTENANCE, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 25. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, END USER, 2020-2026 (USD BILLION)
TABLE 26. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR PUBLIC-SECTOR ORGANIZATIONS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 27. GLOBAL MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE FOR PRIVATE-SECTOR ORGANIZATIONS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 28. NORTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)
TABLE 29. NORTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 30. NORTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 31. NORTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 32. NORTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 33. U.S MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 34. U.S MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 35. U.S MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 36. U.S MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 37. CANADA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 38. CANADA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 39. CANADA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 40. CANADA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 41. EUROPE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)
TABLE 42. EUROPE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 43. EUROPE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 44. EUROPE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 45. EUROPE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 46. GERMANY MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 47. GERMANY MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 48. GERMANY MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 49. GERMANY MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 50. U.K MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 51. U.K MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 52. U.K MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 53. U.K MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 54. FRANCE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 55. FRANCE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 56. FRANCE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 57. FRANCE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 58. ITALY MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 59. ITALY MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 60. ITALY MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 61. ITALY MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 62. SPAIN MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 63. SPAIN MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 64. SPAIN MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 65. SPAIN MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 66. ROE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 67. ROE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 68. ROE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 69. ROE MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 70. ASIA PACIFC MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)
TABLE 71. ASIA PACIFC MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 72. ASIA PACIFC MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 73. ASIA PACIFC MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 74. ASIA PACIFC MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 75. CHINA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 76. CHINA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 77. CHINA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 78. CHINA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 79. INDIA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 80. INDIA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 81. INDIA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 82. INDIA MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 83. JAPAN MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 84. JAPAN MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 85. JAPAN MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 86. JAPAN MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 87. REST OF APAC MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 88. REST OF APAC MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 89. REST OF APAC MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 90. REST OF APAC MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 91. REST OF WORLD MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY DEVICE TYPE, 2020-2026 (USD BILLION)
TABLE 92. REST OF WORLD MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY END-USER, 2020-2026 (USD BILLION)
TABLE 93. REST OF WORLD MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE TYPE, 2020-2026 (USD BILLION)
TABLE 94. REST OF WORLD MEDICAL EQUIPMENT MAINTENANCE MARKET VALUE, BY SERVICE PROVIDER, 2020-2026 (USD BILLION)
TABLE 95. GE HEALTHCARE: OVERVIEW
TABLE 96. GE HEALTHCARE: STRATEGIC SNAPSHOT
TABLE 97. GE HEALTHCARE: BUSINESS FOCUS
TABLE 98. GE HEALTHCARE: APPLICATION/SERVICE PROVIDER PORTFOLIO
TABLE 99. SIEMENS HEALTHINEERS: OVERVIEW
TABLE 100. SIEMENS HEALTHINEERS: STRATEGIC SNAPSHOT
TABLE 101. SIEMENS HEALTHINEERS: BUSINESS FOCUS
TABLE 102. SIEMENS HEALTHINEERS: APPLICATION/SERVICE PROVIDER PORTFOLIO
TABLE 103. KONINKLIJKE PHILIPS N.V.: OVERVIEW
TABLE 104. KONINKLIJKE PHILIPS N.V.: STRATEGIC SNAPSHOT
TABLE 105. KONINKLIJKE PHILIPS N.V.: BUSINESS FOCUS
TABLE 106. KONINKLIJKE PHILIPS N.V.: APPLICATION/SERVICE PROVIDER PORTFOLIO
TABLE 107. CANON INC.: OVERVIEW
TABLE 108. CANON INC.: STRATEGIC SNAPSHOT
TABLE 109. CANON INC.: BUSINESS FOCUS
TABLE 110. CANON INC.: APPLICATION/SERVICE PROVIDER PORTFOLIO
TABLE 111. FUJIFILM HOLDINGS CORPORATION: OVERVIEW
TABLE 112. FUJIFILM HOLDINGS CORPORATION: STRATEGIC SNAPSHOT
TABLE 113. FUJIFILM HOLDINGS CORPORATION: BUSINESS FOCUS
TABLE 114. FUJIFILM HOLDINGS CORPORATION: APPLICATION/SERVICE PROVIDER PORTFOLIO
TABLE 115. SCIL ANIMAL CARE COMPANY GMBH: OVERVIEW
TABLE 116. SCIL ANIMAL CARE COMPANY GMBH: STRATEGIC SNAPSHOT
TABLE 117. SCIL ANIMAL CARE COMPANY GMBH: BUSINESS FOCUS
TABLE 118. SCIL ANIMAL CARE COMPANY GMBH: APPLICATION/SERVICE PROVIDER PORTFOLIO
TABLE 119. URIT MEDICAL ELECTRONIC CO., LTD: OVERVIEW
TABLE 120. URIT MEDICAL ELECTRONIC CO., LTD: STRATEGIC SNAPSHOT
TABLE 121. URIT MEDICAL ELECTRONIC CO., LTD: BUSINESS FOCUS
TABLE 122. URIT MEDICAL ELECTRONIC CO., LTD: APPLICATION/SERVICE PROVIDER PORTFOLIO
TABLE 123. EUROLYSER DIAGNOSTICA GMBH: OVERVIEW
TABLE 124. EUROLYSER DIAGNOSTICA GMBH: STRATEGIC SNAPSHOT
TABLE 125. EUROLYSER DIAGNOSTICA GMBH: BUSINESS FOCUS
TABLE 126. EUROLYSER DIAGNOSTICA GMBH: APPLICATION/SERVICE PROVIDER PORTFOLIO
TABLE 127. NOVA BIOMEDICAL: OVERVIEW
TABLE 128. NOVA BIOMEDICAL: STRATEGIC SNAPSHOT
TABLE 129. NOVA BIOMEDICAL: BUSINESS FOCUS
TABLE 130. NOVA BIOMEDICAL: APPLICATION/SERVICE PROVIDER PORTFOLIO
TABLE 131. FASSISI GMBH: OVERVIEW
TABLE 132. FASSISI GMBH: STRATEGIC SNAPSHOT
TABLE 133. FASSISI GMBH: BUSINESS FOCUS
TABLE 134. FASSISI GMBH: APPLICATION/SERVICE PROVIDER PORTFOLIO
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